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Confusion of VIs

Inovative Sales Incentives (aka getting desperate)

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This reminded me of 2007/8 when as sales dried up venders started offering ever more desperate incentives. Is it a one off or are there more examples out there that would be worth documenting in a thread.  

http://www.bairstoweves.co.uk/buy/property/5-bedroom-detached-house-in-south-croydon,cr2-ref-3801660/

Quote

Reserve a new home in January at Kingswood Place and renowned Chef, Jean-Christophe Novelli, who is a 5 out of 5 AA Rosette and multi Michelin award winning chef, also dubbed "the nations favourite french chef". Will come and cook and entertain you for the evening using your new kitchen at Kingswood Place

 

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1 hour ago, assetrichcashpoor said:

Has anyone tried throwing in their old car yet? I think I remember someone offering their old Mercedes SLK or a Range Rover as well as the house. Although it wasn't a new car and wasn't worth quite as much as they were letting on.

The best or most desperate I recall was a Porsche and a Spanish villa, if you bought a semi in Croydon.  

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17 hours ago, assetrichcashpoor said:

Has anyone tried throwing in their old car yet? I think I remember someone offering their old Mercedes SLK or a Range Rover as well as the house. Although it wasn't a new car and wasn't worth quite as much as they were letting on.

agents and homeowners are clueless about value. you tell the agent the 4 year old range rover is worth 80k and they'll think it's worth 90k.

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33 minutes ago, spunko2010 said:

agents and homeowners are clueless about value. you tell the agent the 4 year old range rover is worth 80k and they'll think it's worth 90k.

I've had a look for the house advertisement I was thinking of but can't find it. My search turned up a thisismoney article on this subject. They mention someone who tried to give away a Ferrari which wasn't the person I was thinking of. The people I had in mind had an overpriced house that was an unaffordable lifestyle choice they couldn't sell for what they thought it was worth. They then tried to throw in the car this being their second largest unaffordable lifestyle choice. They quoted the price of the car when new, not when it was x many years old and didn't mention how much of a liability they can be to maintain as they age. The type of car that might have a book value of £10k but if someone gave it to me for free I'd sell immediately and not fall into a rabbit hole. 

http://www.thisismoney.co.uk/money/mortgageshome/article-2952571/Struggling-sell-home-Raffle-throw-car-maybe-ten-rare-sheep.html

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15 hours ago, assetrichcashpoor said:

I've had a look for the house advertisement I was thinking of but can't find it. My search turned up a thisismoney article on this subject. They mention someone who tried to give away a Ferrari which wasn't the person I was thinking of. The people I had in mind had an overpriced house that was an unaffordable lifestyle choice they couldn't sell for what they thought it was worth. They then tried to throw in the car this being their second largest unaffordable lifestyle choice. They quoted the price of the car when new, not when it was x many years old and didn't mention how much of a liability they can be to maintain as they age. The type of car that might have a book value of £10k but if someone gave it to me for free I'd sell immediately and not fall into a rabbit hole. 

http://www.thisismoney.co.uk/money/mortgageshome/article-2952571/Struggling-sell-home-Raffle-throw-car-maybe-ten-rare-sheep.html

Reminds me of that Signed by Katy Price show.  The winner was getting her Range Rover for a year!  

https://en.wikipedia.org/wiki/Signed_by_Katie_Price

Following her win, the prizes and a number or promises made by Katie Price and her management failed to materialise for the winner - Amy Willerton. She was asked to pay £10,000 to insure her "free" Range Rover for a year, a holiday in The Maldives turned into Marbella and a cover shoot with OK! magazine disappeared. She eventually refused to sign the modelling contract offered to her by Blacksheep Management, as she'd lost confidence in their ability to deliver on promises made.

 

 

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